Key facts
- FundingReported
$2 billion in new funding at a $12 billion valuation; SoftBank, D1 Capital Partners and Altimeter Capital led
- FundingEstimate
Earlier: raised more than $1 billion; OpenAI took an ownership stake
- CustomersReported
More than 70 businesses now operate across its platforms
- Reported
Tax AI: more than 7,000 tax returns processed, 98% match; more than 30% time saving per return (aggregator summary, single source)
What they sell
- Ownership and operation of accounting and IT services businesses
- AI tools built with OpenAI deployed inside owned firms
Sells to: Acquires service businesses (accounting via Crete/Current, IT services via Shield Technology Partners); third vertical planned in data centres, manufacturing, healthcare, power and water infrastructure
How they sell
- Headline
- Thrive Holdings
In their words
owns and operates businesses in critical industries
technology can deliver strategic value
strategic value to employees and customers
The company does not expect AI to replace fieldwork or professional sign-off.